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Taiwan's Acer remains world No. 5 PC brand

Taiwan-based Acer Inc. remained the world's fifth largest PC brand in 2020 while increasing its global share with a 23 percent increase in shipments from a year earlier, according to global market...

U.S. brokerage cuts target price on TSMC shares amid COVID-19 concerns

A U.S.-based brokerage has lowered its target price for shares in contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), citing the escalation of the COVID-19 pandemic worldwide, which coul...

Microsoft opens expanded AI research center in Taipei

Microsoft Corp. opened an extended hub in Taipei on Friday for the research and development of artificial intelligence technology and to mark the 30th anniversary of its presence in Taiwan. At the ...

Wowprime to close two brand restaurants

Wowprime Corp., one of Taiwan's leading restaurant chain operators, said Friday it will shelve two of its brand restaurants by the end of this year, expecting to book one-time losses of under NT$2...

Weighting cut by MSCI could drain NT$1.1 billion out of Taiwan

Taipei, Feb. 18 (CNA) A move by MSCI Inc., a global index provider, to cut Taiwan's weighting in two of its major indexes, is expected to prompt foreign institutional investors to remit about NT$1...

Cereal success: How an online startup conquered a niche market

Taiwan’s e-commerce sector recorded a brief downturn in the first six months of 2017 before experiencing a dramatic rebound in the second half of the year. Many e-commerce companies logged impre...

WeMo Scooter-sharing system launches in Taipei

A startup company has launched a scooter-sharing system in Taipei since October 2016, providing electrical motorcycles in the city's Daan, Xinyi and Zhongzheng districts. To use the service, ri...

Govt holds firm in talks with Uber: transportation minister

Taipei, Jan. 13 (CNA) In a meeting with a Uber executive on Friday, the government stayed firm on having Uber pay local taxes, be covered by insurance and accept regulatory supervision, Transportation...

Uber and its drivers face 10 alleged violations under revised law

Taipei, Jan. 6 (CNA) Online driver and passenger networking company Uber and a few of its drivers face 10 alleged violations in Taiwan on the first day the island's revised Highway Act, which sets...